Shree Renuka Sugars Ltd - IPO

Shree Renuka Sugars Ltd IPO Details

Public issue of 3,508,772 Equity Shares of face value Rs. 10/- each at a price of Rs. 285/- for cash at a premium aggregating Rs. 100 crores. There will also be a Green Shoe Option of 350,877 equity shares for cash at a price of Rs. 285 per equity share aggregating Rs. 10 crores. The issue and the Green Shoe Option aggregate Rs.10 crores. The face value of the equity share is Rs. 10/-. The issue will constitute 14.93% of the fully diluted post issue paid-up capital of the company assuming that the Green shoe option is not exercised and 16.18% assuming that the Green Shoe option is exercised in full.

Objective of issue

Expan of cane crushing Capacity to Munoli-7500TCD. Incrs the capacity of Distillery at Munoli-120KL. Setting up 15MW Co-generation power plnt at UntIII. Setting up 120 KL Distillery at Unit III.

Shree Renuka Sugars Ltd Contact Details

Shree Renuka Sugars Ltd, 8-2-403/A, Road No 5, Banjara Hills, Hyderabad - 500034

Phone -

Fax -

Email - groupcs@renukasugars.com

Website - www.renukasugars.com